1986-27939
HRA RESOLUTION N0. 279
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RESOLUTION APPROVING
AMENDMENT NUMBER ONE
CONTRACT FOR PRIVATE DEVELOPMENT
WITH PALSCO, INCORPORATED
WHEREAS, The HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR
THE CITY OF RICHFIELD, MINNESOTA (HRA approved a Contract For
Private Development dated December 9, 1985; and
WHEREAS, because of certain events which have occurred since
that date it is necessary and desirable to amend the Contract;
and
WHEREAS, the HRA has reviewed the Amendments herein
identified Amendment Number One and determined that such is in
the best interests of the City and serves the health, safety and
general welfare of the community.
NOW, THEREFORE, BE IT RESOLVED BY the Housing and
Redevelopment Authority that Amendment Number One is hereby
approved and the Chairman and Executive Director are hereby
authorized and directed to execute the same on behalf of The
Housing and Redevelopment Authority.
Passed by the Housing and R velopment Auth rity of
Richfield, Minnesota this 18th of February, 1986.
omas E. Harms, Chairman
an Helmberger, Se retary